The Sri Lanka-China Business Council (SLCHBC) facilitated a business meeting with a visiting delegation from Shandong Province of the People’s Republic of China on the 27th of March 2015. This is the third such visit from a Chinese delegation this month, with visits from the China Pacific Economic Cooperation CEO Forum and the Shenyang Province having been completed on the 24th and 26th of March.

The delegation consisted of officials from the Department of Commerce of Shandong Province, and their main focus was on Project contracts and Investment between the two countries. This event was of particular significance, because in addition to the Executive Committee of the SLCHBC, members from the Board of Investment of Sri Lanka (BOI) and the Sri Lanka Exports Development Board (EDB) were in attendance.

The event garnered a lot of attention due to the focus and high profile delegation being featured, as illustrated by the attendance of representatives from top Fortune 500 companies and other important businesses in Sri Lanka. There were presentations done by representatives from a wide range of business areas such as construction, medicine, healthcare and steel production.

As with the visits preceding this delegation, there was a Memorandum of Understanding for future cooperation, specifically in project contracts and investment, signed by the Sri-Lanka China Business Council and the Shandong delegation. The Shandong delegation stated in the MoU that they wish to link their websites to the SLCHBC website to ease further discussion on key business interests between the two parties.